By Jabin Bastian
Publication Date: 2026-10-28 21:21:00
Technology giant Microsoft (NASDAQ:MSFT) reported calendar Q3 2026 (fiscal Q1 2027) results topping the market’s revenue expectations , with revenue up 18.8% year on year to $92.28 billion. Its non-GAAP profit of $4.92 per share was 4.3% above analysts’ consensus estimates.
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Microsoft (MSFT) Q3 CY2026 highlights:
Revenue $92.28 billion vs S&P analysts’ consensus estimates of $90.64 billion (1.8% beat)
Azure cloud revenue grew 48% year over year (beat)
EPS (GAAP) $4.92 vs analysts’ consensus estimates of $4.72 (4.3% beat)
Gross margin 67.8%, down from 69% in the same quarter last year
Operating margin 49.8%, in line with the same quarter last year
Free cash flow margin 20.2%, down from 33% in the same quarter last year
Market capitalization $3.95 trillion
Revenue growth
Microsoft shows that fast growth and large scale can…



